Chase Priority Club Rewards is currently offering 60,000 bonus points after you make your first purchase on the credit card. With 60,000 bonus points, you can stay up to 4 nights at their choice of hotels. In addition, you receive a certificate good for one night any ANY of their 4,400 hotels (Intercontinental Hotels, Crowne Plaza, Hotel Indigo, Holiday Inn, Staybridge Suites and Candlewood Suites). One night at Intercontinental Hotels cost over $500 at certain locations (London, Paris, Hong Kong, Tokyo, etc.)
The Priority Club Visa card does carry a $49 annual fee but is waived on the first year. Remember each year you will receive a certificate good for any NIGHT at their hotels.